Chicago, Illinois – NXT Capital announced today that it closed a senior credit facility in support of Tenex Capital’s acquisition of Oliver Inc.
NXT Capital acted as the Administrative Agent, Joint Lead Arranger, and Joint Bookrunner on this transaction.
“We are pleased to work with the NXT Capital team again,” Perrin Monroe, Managing Director, Tenex Capital. “NXT Capital facilitated the overall transaction quickly and collaboratively alongside management and our team to deliver a great solution for the company.”
Oliver Inc. is a leading provider of highly customized, quick-turnaround, specialty paper-based packaging solutions. Known for its customer support, the company provides a turnkey platform from design to fulfillment, simplifying complex requirements with consistent on-time, on-budget, ultra-high-quality products and services.
Tenex Capital is a private equity firm that invests in middle market companies. Tenex uses an in-house team of hybrid investment professionals skilled in operational leadership, investing, and capital markets structuring to maximize long-term value creation. Tenex’s deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. Tenex has successfully invested in a diverse range of industries, including industrials, business and tech-enabled services, healthcare, building products, and auto aftermarket, among others.
NXT Capital provides structured financing solutions through its Direct Lending group and is based in Chicago with offices in Atlanta, Dallas, and New York. NXT Capital is a wholly-owned subsidiary of ORIX Corporation USA.